Indian Metals & Ferro Alloys Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Nov-2025.
IMFA · price
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On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 3.0 pts more than its Ferro & Silica Manganese peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Indian Metals & Ferro Alloys (IMFA) announced three key decisions from its board meeting on 4th November 2025. First, the board approved the purchase of the Ferro Alloys plant of TSL (Tata Steel Limited) located at Kalinganagar, Jajpur, Odisha, subject to conditions in the Asset Transfer Agreement. Second, the board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 (ended 30th September 2025) along with the limited review report from statutory auditors. Third, the company declared an interim dividend of INR 5 per equity share (on face value of INR 10) for FY26, with a record date of 11th November 2025 and payment to be made on or before 3rd December 2025.
The acquisition of TSL's ferro alloys plant strengthens IMFA's core manufacturing capacity and could expand its market share in the segment. The INR 5 interim dividend provides a short-term return for shareholders, while the record date of 11th November 2025 is the cutoff to be eligible for the payout.